joint venture partner: JV Partners Wanted For Above Average Returns In Non-Performing Notes
- 07/07/15 04:20 AM
Imagine A 26.25% Return In Four Months? Annualized 78.75% ROI??? Our JV Partner, friend, and mastermind note investor, picked up this nice New Jersey Nonperforming 1st lien for $105,000, with $174,000 UPB, $190,000 total with arrears. The borrower had missed 8 payments, and it appears they had some type of hardship. They did not want to stay, so they agreed to a short sale. Two weeks later, the Realtor sold the property with multiple offers after listing it on the MLS. Sold for $180,000, so after cost of acquisition and $2,700 in fees and expenses, profit was $55,100 or 52.5% in four months. Split the profit 50/50 after return of principal, and (0 comments)
joint venture partner: Video Of 11 Florida Non-Performing Note Pool JV Opportunity
- 01/21/15 03:07 AM
Here is a video we made of all 11 of the NonPerforming notes in the Florida pool we are digging into. There are 6 foreclosures, 4 signed or signing Deed-In-Lieu, and one loan modification. Contact me to talk about Joint Venturing with us on 1, 2, or more…
Christopher Winkler Silverwood Capital, LLC 1-714-474-8116 (2 comments)